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Major companies operating in the barley market include
The beverage segment is set to witness 3.8% CAGR till 2032, due to the rising popularity of craft beers.
The malted barley segment held over 25.25% of the revenue share in 2022, attributed to rising demand for craft beer and whiskey.
Barley industry size reached USD 50.93 million in 2023 and is estimated to expand at over 3.6% CAGR from 2024 to 2032 driven by the increasing need for animal feed in livestock and poultry diets.
Some of the leading firms engaged in the industry include Soufflet Group, GrainCorp Limited, Cargill, Boortmalt Group, Malteurop Groupe, Crisp Malting Group, Muntons Plc, Maltexco S.A., Grain Millers Inc, Malt Products Corp, and Bries Malt & Ingredients Co.